sarhangi ๐ฉ๐ฒ๐ฉ๐ช
@sarhangi
Fed to continue rate cuts in December โ but itโs not really good news The Federal Reserve will definitely cut interest rates at its December meeting, according to a Zoom Currency report. The jobs report sealed the deal on the day, giving the Fed the greenback to investigate. Nonfarm payrolls rose in November while the unemployment rate rose to 4.2% Markets are struggling, with the CME Group pricing in a 90% probability cut. But hereโs the thing: This isnโt as good news as it sounds.
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0xlida ๐ฉ๐ต๐ฎ๐ง
@lida
The Federal Reserve continues cutting interest rates, but the economic implications arenโt very promising. 135 $DEGEN
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